Friday, 22 December 2017

Commercial Vehicle Differential Market 2017-2021

MRC Announces the Publication of its Research Report – Global Commercial Vehicle Differential Market 2017-2021
MRC recognizes the following companies as the key players in the global commercial vehicle differential market: Eaton, GKN, and Schaeffler.
Other Prominent Vendors in the market are: American Axle & Manufacturing, Auburn Gear, Dana, JTEKT, Neapco, and POWERTRAX.
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is electronic limited-slip differential. Electronic differentials are used to ensure that every individual wheel receives sufficient torque as regulated by the electronic control unit (ECU). An ECU comprises microcomputers that monitor inputs from wheel sensors to access situations involving wheel slippage and regulate the torque sent to the wheels to maintain adequate traction.”
According to the report, one driver in the market is increasing popularity of intelligent AWD systems for multi-terrain drivability. Commercial vehicles capable of navigating over varied terrains are preferred by freight operators, as this increases their utility. Hence, vehicle manufacturers are equipping their commercial vehicle models with intelligent AWD systems. These systems automatically detect the terrain the vehicle is driving through and accordingly adjust the torque sent to the wheels. The increasing penetration of intelligent AWD systems will increase the value of differentials used in commercial vehicles.
Further, the report states that one challenge in the market is rising popularity of EVs. Increasing awareness and concern regarding growing vehicular emissions and the shift of governments toward green mobility is driving the global EV market. OEMs too are focused on developing their EV product lines to tap into the growing sales of EVs. Rapidly urbanizing cities of emerging economies are the ones most affected by vehicular emissions. In 2016, the world pollution level increased by 12%. 16 out of the world’s 30 most polluted cities are in India, which had the highest level of ultra-fine particulate level.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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